PBOC Monetary Policy Department director Xie Guangqi said at a State Council Information Office briefing on the 15th that in the period ahead monetary and credit conditions will shift from broad-based expansion to more quality-focused development, and slower loan growth coupled with improved loan quality may become a new normal in macro dynamics.

2026-07-15

PBOC Monetary Policy Department director Xie Guangqi said at a State Council Information Office briefing on the 15th that in the period ahead monetary and credit conditions will shift from broad-based expansion to more quality-focused development, and slower loan growth coupled with improved loan quality may become a new normal in macro dynamics.